by John Mauldin, Thoughts from the Frontline
“Below the thunders of the upper deep,
Far far beneath in the abysmal sea,
His ancient, dreamless, uninvaded sleep
The Kraken sleepeth: faintest sunlights flee….
“There hath he lain for ages, and will lie
Battening upon huge sea-worms in his sleep,
Until the latter fire shall heat the deep;
Then once by man and angels to be seen,
In roaring he shall rise and on the surface die.”
– Alfred, Lord Tennyson, “The Kraken”
As the situation on the ground quiets down in the wake of the Jan. 24 barrage by Russian-allied forces near the Ukrainian city of Mariupol, Stratfor is continuing the watch initiated by our Red Alert. We believe, at the very least, that Russia is keeping its option to mount an offensive open, and at most, is preparing to launch an offensive to secure its hold on the Crimean Peninsula.
January 25th, 2015
Article of the Week from Fixing the Economists
by Philip Pilkington
I recently came across a fascinating paper by Victoria Chick entitled ‘The Future is Open: On Open-System Theorising in Economics‘. I want to focus on a specific aspect of the paper; namely, Chick’s discussion on the psychological possibilities of actually teaching open systems.
Reports of heavy rocket artillery firing on the eastern parts of the city of Mariupol, Ukraine, as well as a statement made by a separatist leader, indicate the potential preparation of an offensive on the city. While this would be a significant escalation and an indicator of Russian intent to push further into Ukraine, potentially forming a much-rumored land connection to the northern border of Crimea, there are also several indicators required for such an offensive that are currently still missing.