Kremlin Gets Flashback of Soviet Collapse in Brexit Fallout

berlin wall cc

As we said in an earlier post, the guys running the show in Eastern Bloc countries weren’t happy when the Berlin Wall came down. Likewise the apparatchiks of various sorts deeply embedded in and often reliant on the European Union system have had heart attacks in the face of Brexit.

Brexit is not on par with the collapse of communism however. The end of the Cold War was more than surprising, or even mind blowing, it was almost literally unbelievable. I can believe however that the EU might be headed for collapse. And even if the EU completely bites the dust bin of history the disruption would be nothing close to what happened post global communism. So let’s not go nuts. (Though it must be said that the world economy is in a precarious place, but this is because of too much central planning, not because there isn’t enough.)

Also what we see below is a bit of schadenfreude from Putin and his pals. They wish Britain (and Europe) would get hammered like Russia did.

That will not be the case.

(From Bloomberg)

Russia’s recalling the trauma of the end of the Soviet Union as the U.K. wrestles with the consequences of becoming the first member state to choose to leave the EU, casting a shadow over the bloc’s future existence. The USSR was dissolved in December 1991, more than 18 months after Lithuania led the Baltic republics in declaring independence. The Baltic states of Estonia, Lithuania and Latvia joined the EU in 2004 and all three have since adopted the euro as their currency. Putin called the Soviet collapse “the greatest geopolitical catastrophe” of the 20th century in 2005.

I prefer to call it “complete and total victory.”

Click here for the article.