by Jim W. Dean, VT Editor,  …with PressTV, Tehran

[ Editor’s Note: This was a juicy topic. The EU downturn is partly due to its own foolish moves over sanctions against Russia for “taking over” Crimea when it voted overwhelmingly to rejoin Russian rather than receiving the neo-Nazi treatment from those the EU, US and NATO backed in overthrowing the Ukrainian government.

Sure, the former Ukraine government was corrupt, but the replacements murdered lots of people simply because they were ethnic Russians, and the US government and the EU had no problem with that whatsoever.

Later, the European JCPOA partners rolled over on the JCPOA by not doing the major trading due with Iran, starting with buying a million barrels of oil a month, hiding behind the Trump sanctions threats with unfulfilled promises of “we’ll live up to the deal eventually”.

Europe lost the largest Airbus buy order, 100 planes, that it may never see again, and Boeing the same due to Trump breaking the deal.

On the Airbus deal, because US parts and technology were used – part of free and friendly trade with the EU – that allowed the US to kill that order. So all the pent-up import demand that could have helped EU economies went up in smoke and it is looking at 1.2% growth, with worse coming for the next two years.

That is not leadership. It is the total absence of leadership. Shame on the EU for not standing up for its people and the Iran deal. What the EU has done is to show that talk is cheap, with five years of negotiation thrown out the door.

That will hurt them down the road, likewise with the US’ sanctionista foreign policy. It will get worse before it gets better, which I cover in the second part of today’s PressTV interview, starting at 3:40 … Jim W. Dean ]

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– First aired … November 06,2019


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5 COMMENTS

  1. The only way forward for Europe is to exit from this EU experiment . Nationalism must prevail for all the countries. Only then will people have a fighting chance in all matters and truly decide which coarse there Nations should take.

  2. May I politely disagree, Mr. Dean? Crimea, was, well advised not to attach itself to the BOLSHEVIKS (not Neo-Nazis). Indeed, this “orange” (was truly red) revolution was organized by the Bolsheviks. Leader Yulia Tymoshenko, who re-created herself as an earnest “peasant”, was the daughter of a Bolshevik old guard. The rest of the revolutionary miscreants were Bolshevik to boot. Yes, the U.S. helped pay for a new Bolshevik Revolution there, as they did (Trurmp) in Saudi Arabia few yeas later. Just play the old “Risk” game and find out how pivotal the Ukraine is. The first Bolshevik order of business was to grab up Crimea for Russia’s only warm sea port. The second was to identify and execute any Saxon Russians in the region. This was Bolshevik through and through, not Neo-Nazi”ism” at all. I do know you were presenting this tongue-in-cheek. Regards!

  3. Ya , blame Trump because the EU leaders won’t grow a pair and do what’s best for them. And the IMF ? Is that the same IMF that stood by and watched Ukie president Poroshankster, rip off millions from the loans to get Ukraine on their feet ? Trump should not have had to start any Ukie Investigation because the Judicial system and the Intel Agencies should have smelled ” Money Laundering” 4000 miles away – as soon as Biden showed up. SNAFU – again. Good points Jim in the interview.