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This will all play out very badly for those of us who see the EU as a dangerous superstate and Russian State muscle being used to manipulate their position to their advantage and the West's disadvantage.
However it plays out We lose.
If Russia does indeed bail out Cyprus then the EU train will carry on steaming down the tracks and Russia will have gained a foothold militarily and economically. Who are the winners and who are the losers? I think the answer is obvious.
Here in the parish of Britain We carry on regardless with our economy crumbling, debt rising exponentially, future blackouts a definite, growth restricted to more wind farms and nothing else and the supposed victory with the state stifling of free speech.
Cyprus will enter into a Faustian pact with the Russians and the eurozone will stagger from crisis to crisis.
Same old same old.
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