A 4 1/2-minute look at the hype and reality of the crisis in Ukraine, filmed before the weekend’s events such as the movement of Ukrainian forces and the deaths of pro-Russian demonstrators in a fire in Odessa.
In the long run, Russia’s energy sector cannot match up to energy sectors elsewhere in the world. Russia’s industrial and manufacturing base and even its military capabilities cannot compete on a global scale.
Putin’s smart enough to know this. The crisis in Ukraine is serious, but no, this is not World War III.