Of course, depends upon your definition of such.
Even the muddle-headed John Kerry was recently heard to concede that Russia has “legitimate interests” in Ukraine. In challenging Russia over Ukraine the West isn't just crossing some imaginary “red line” that Obama is so fond of proclaiming again and again. In installing a neo-fascist, rabidly anti-Russian regime in Kiev, it has crossed the double-yellow, guaranteeing a head-on collision.
Question is, which side will survive that collision: the Russian tank column, or John Kerry's limo? The West's opening gambit is to deny visas and freeze accounts of certain Russian officials and businessmen, who either don't have bank accounts in the West or have already pulled the money out last Friday (to the tune of a couple hundred billion dollars) and aren't planning to travel to the US.
Russia promised to respond “symmetrically.” In its arsenal is: popping the huge financial bubble and causing a resumption of the financial collapse of 2008 by any number of means, from requiring gold instead of fiat currency as payment for oil and gas, to dumping US dollar reserves (in concert with China), to putting the EU on a fast track to economic collapse by giving the natural gas valve a slight clockwise twist, to leaving US and NATO troops in Afghanistan (who are about to start evacuating) stranded and without resupply by declaring force majeure on the cooperative arrangement currently in effect, where much of their resupply route is allowed to pass through Russian territory.
That's if Russia chose to act decisively. But Russia could also choose to do little or nothing, and then just the financial contagion from Ukraine's forthcoming bond default and financial jitters over Ukrainian chaos disrupting natural gas deliveries to Europe could be enough to topple the West's teetering financial house of cards.
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