"AMERICA CAN DESTROY RUSSIA ECONOMICALLY OVER HER MILITARY INVASION OF UKRAINE"

President Barack Obama reacted to the military invasion of the Crimea, the eastern part of Ukraine with these words "There will be costs for any military intervention in the Ukraine". The questions that follow this stern warning from the American government to the Russia Federation are the following:(i). What are those costs that Russia will be made to pay for by the American government? (ii). How will America make Russia to pay for these costs in all reality? (iii). What will be the direct impacts of these costs on the Russia Federation at the end of the day? (iv). Is a military war against Russia in Ukraine by America a practical possibility in the future and in all reality? (v). Is America a barking or a threatening dog that will never bite the invaders at the end of the day?

The truth is that the Russian national economy which is based on oil, gas, metals, timber and fish production and exportation is all western nations dependent in all reality. The admission of Russia in 2001 by the western economic powers into the World Trade Organization (WTO) has allowed Russia to enjoy a greater access to the overseas markets. Some analysts estimate that WTO membership could grow the Russian economy with a yearly bounce of up to 3%. The Russian membership of the WTO has increased her foreign reserves by becoming the third largest in the world today. This economic boom in Russia is due directly to the Russian WTO membership which has now reduced the poverty rate from 40% to 13% in Russia. The wages of the Russian workers have also gone up from $80 to $1,000 a month since joining the WTO. The unemployment rate in Russia has also gone down from over 12% to less than 6% since becoming a member of the WTO. The Russian national currency, the Ruble is now an international recognized currency that is in high global demand since joining the WTO. The middle class membership in Russia has increased from 8 million persons in 2000 to almost 60 million persons today since her membership of the WTO. Russia is now one of the lowest foreign debts among the major global economies since her admission into the WTO.

America can revoke the membership of the Russian Federation from the G-8 nations and WTO. America with her western allies can jointly freeze the foreign bank accounts and the current assets of the Russian leaders and businessmen in the west which run into tens of billions of the American dollar. America and her western allies can also put travel and visa ban on all the Russian officials and businessmen coming to the west. America and her allies can revoke all the existing trade agreements and diplomatic relationships with Russia. America and her allies can isolate Russia from having any access to the viable global markets. These measures if they are well implemented by America and her allies will destroy the Russian growing national economic, depreciate the value and the global demand for her national currency, the Ruble, reduce wages inside Russia, lower the standard of living of most Russians and push up the unemployment rate inside Russia. The Russian foreign reserves will also deplete rapidly without those foreign trades and agreements. The Russian Federation under the mercy of Putin may eventually be forced to withdraw from her military adventure and experiment inside Ukraine. Time will surely tell.