This was the week that World War III was supposed to erupt across Europe if you listened to the most alarmist reaction to the Russian occupation of Crimea. Ukraine mobilized their reserves and prepared for the worst while the whole world held its breath. So far, however, nothing has happened.
That is, the missiles aren’t flying and the troops aren’t advancing. There has been action, which is to say a lot more than a visit to Kiev by Secretary of State Kerry and some sternly worded European Union (EU) missives. The money has clearly been bet that there won’t be a war and even more money has been put down on making sure it doesn’t happen.
Think of it like the currency war that is going around the globe right now. This is the primary way that wars are fought now – with money.
Barataria - The work of Erik Hare 