Let there be no illusions. Volodymyr Zelensky, the foul Ukrainian President, does not want peace, he pretends to want peace. All he is doing is mocking Trump, the President of the United States, and trying to buy time until November 2026, when the midterm elections will be held, where Zelensky is betting on the defeat of the Republicans, that is, Trump. And while all this is happening.
Tactical games by Zelensky
The outcome of two days of talks mediated by the United States between Russia and Ukraine in the United Arab Emirates is that both sides are avoiding comments, aside from the formal statements about preparations for the next round.
After the first day, the Ukrainian President, Zelensky, stated that the new round of talks would take place in the United States.
Almost simultaneously, the press secretary of the Kremlin, Peskov, emphasized that the scenario of a meeting in the United States was not discussed at all.
In other words, no one can trust Zelensky, not even on small details.
Lately, a silence prevails.
This silence is a sign that some agreements have been reached.
That there is a significant agreement that they are afraid to reveal yet.
The reality is worse
Moreover, the few “leaks” to American media showed that the main issues on the agenda were technical support for the ceasefire and monitoring its compliance.
That is as far as things have gone, as it turns out.
But in reality, we are back where we were, in a reality where peace will come only through military means due to the proven inability of the Ukrainian leadership to negotiate.
Ukrainian terrorism
This became clear when, the day after the talks, there was an assassination attempt against Lieutenant General Vladimir Alekseyev, the long time and, as believed, key deputy head of military intelligence, formerly GRU, now the Main Directorate of Intelligence of the General Staff.
And the head of the Main Directorate of Intelligence of the General Staff, Igor Kostyukov, led the Russian delegation at those same talks.
The Ukrainian side, it is absolutely certain that it is behind this terrorist act, is not afraid to “scare” a significant peace process, whether real or imaginary.
They are trying to disrupt the negotiations themselves, as stated by the Russian Foreign Minister Lavrov.
Ukrainian sabotage and terrorist attack plans
Meanwhile, they are seeking vulnerabilities in Russia’s security system through the traditional means of targeted sabotage and terrorist attacks, hoping that the rules are like a game, only that at some point it reverses, one day, a piece will be removed that will cause the collapse of the entire structure, if, of course, they can buy time for new attempts, new terrorist attacks.
Ukrainians pretend to negotiate
The current situation for Zelensky and his team is that the Trump administration demands that they be constructive and make the necessary concessions for peace.
Therefore, the Ukrainians are forced to participate in consultations and demonstrate some progress, while they are simply forbidden to withdraw from the negotiations.
Therefore, the consultations are conducted “behind the scenes”, with the slowdown of the ceasefire, as if the main points have already been agreed, although nothing has been done yet.
Russia’s basic demand is the full transfer to it of control over the territories of Donbass that are still held by the Ukrainian Armed Forces.
Zelensky’s firm response to this is “no”, in various versions.
The referendum, another Zelensky scam
Zelensky invoked the Ukrainian constitution, whose basic provisions he systematically ignores, as a crutch, the main document prohibits the transfer of territories without a referendum.
Accordingly, according to Reuters, Trump’s people demanded that Ukraine hold a referendum as soon as possible.
This will most likely be the next part of the provocative Zelensky preparation for a referendum, during which Russia will be asked to stop hostilities, while at the same time continuing terrorist attacks against Russia, since these can always be disavowed.
Russia may seem completely unnecessary in such negotiations, but in reality, it is necessary for at least two reasons, the resolution of humanitarian issues, the latest prisoner exchange resulted from the meeting in the United Arab Emirates, and the building of relations with the United States as a global power.
The President of the United States is currently interested in deals on Ukraine, while he wants to put strategic security and the economy on hold.
Americans believe that words in a negotiating room can achieve results from Ukraine faster than actions, war, but this does not seem to be the case.
Zelensky is in a terrible dead end
Zelensky is in a terrible dead end for such a maneuver, if he hands over Donbass, he will lose power, and if he loses power, he will lose his life, he has made so many blood enemies in his country and far beyond its borders.
Therefore, his goal is to “wait”, first for spring, then for November, that is, the midterm elections in the United States, and then for a miracle.
Zelensky revealed his tactic ahead of the talks in the United Arab Emirates, stating in an interview that he expected peace to be achieved within one year.
Given the American timeline, this time frame is certainly longer than the maximum.
Earlier, Americans warned the Ukrainians that Trump would soon turn his attention to domestic issues related to the Congress elections and would not be able to devote sufficient attention to Ukraine.
If the media are telling the truth, the warning sounded naive, since waiting until the November Congress elections is exactly what Zelensky is counting on.
He was certainly informed that the Democratic Party, which wants to restore financial support to Kyiv and impeach Trump, is guaranteed to win, supposedly.
For Russia, the military solution is the only path
Thus, the same thing continues, the Russian army captures new territories and disables Ukrainian energy facilities, while Zelensky spins as best he can, trying to weaken Russia with terrorist attacks and to endure first until the warmer spring weather and then until the United States congressional elections, which will open a new “window of opportunity” for him and the European hawks.
If it is necessary to hold a referendum or elections between these two events, Kyiv will certainly hold them, the dictatorship in Ukraine was not built for Zelensky to lose referendums.
In the war of attrition to which the Kyiv clique has escalated the conflict, bright hopes for peace appear, unfortunately, extremely bleak, like frozen cities, destroyed infrastructure, and other signs of socio economic destruction.
These are the very harbingers of peace.
A more optimistic and life affirming scenario, where casualties, destruction, and human suffering can be minimized through political dialogue, is realistic only if Zelensky is part of the solution to the problem of withdrawing Ukrainian troops from Donbass.
But he is not part of the solution.
He is the problem.
The obituary for the dollar
Global changes are sometimes so vast that we, contemporaries, do not really notice them.
It is true that “the big picture is visible from a distance”.
The magazine Economist, the mouthpiece of the liberal economic elite, published an almost obituary for the American dollar.
Just a few years ago, something like this would have been unthinkable.
For decades, the dollar was a symbol, the center and the essence of a new global religion.
All over the world, American dollars were accumulated, given as gifts for weddings and birthdays, framed and photographed with.
They were much more than just money.
Economist: “Dangerous dollar”
Now, the Economist writes “Dangerous dollar” and depicts the dollar as a writhing snake.
Judging by the Economist’s text, the reptile is in dire straits.
Indeed, the American currency has lost 10% over the past year and shows no signs of slowing down.
In fact, the dollar has experienced worse declines.
After the dot com crash, it fell sharply by as much as 40% from 2002 to 2008.
But then, the decline was gentle, prolonged over time, and banks around the world rushed to buy the now cheaper American securities, which subsequently saved the United States economy.
And most importantly, billions of people fervently believed in the dollar, which bore the portraits of dead presidents.
Ministers, economists, and journalists from all corners of the world burned incense to this silent deity, called the dollar.
Investments in the dollar held in contempt
Today, when people speak of those who invested in the dollar last year, they are treated with contempt.
The American currency is retreating rapidly.
The United States government is thus reducing the burden of debt with the style “I owe everyone”.
Now, President Trump has appointed Kevin Wars as head of the Federal Reserve and claims that this hardline financier has agreed to cut the Fed interest rate.
This will further weaken the dollar, it could lose 20 or 30% of its value against other major currencies.
No one is rushing to save the United States economy
But no one is particularly rushing to save the United States economy by buying its bonds.
Exactly opposite trends are growing.
Politicians, economists in Germany are demanding the immediate return of all Germany’s gold reserves from the United States.
Small Denmark, offended over Greenland, announced the sale of American bonds.
Japan holds 1 trillion dollars in United States bonds
The issue of dumping American securities is regularly raised in Japan.
Inflation there is soaring, and rice is the country’s staple food, and now even that has become more expensive.
Japan is the largest holder of United States government bonds, holding more than one trillion dollars worth of American debt securities.
Central banks around the world are diversifying their reserves, gradually dumping dollars in favor of other currencies and gold.
The price of the precious metal gold rose to 3.800 dollars per ounce at the end of 2025, today it is 5.000 dollars, and analysts at JPMorgan predict that the price will reach 8.000 dollars by the end of the decade.
Cryptocurrency holders got burned
Cryptocurrency investors had this strange idea that the weakening of the dollar would lead to a rise in cryptocurrencies.
It did not work and could not have worked.
Since October of last year, the most successful of these currencies, Bitcoin, has collapsed by half.
And yet, the United States government had high hopes for digital currencies.
A separate risk for the United States economy is the unstable psychology of investors, which is stronger than any formula or calculation.
Seeing the autumn collapse of American stocks, investors are losing confidence in them.
Fear of a Wall Street crash
“The real risk to the dollar is that American stocks could go out of fashion,” say American analysts.
A weak dollar reduces stock prices, investors sell them, exchange their dollars for other currencies, and the dollar depreciates even more.
It is a vicious cycle.
It is undeniable that the dangerous economic policy of the United States government is clearly beneficial both for Russia and for many other countries.
A weak dollar mitigates the pressure of sanctions and increases the share of transactions outside the dollar, barter, and transactions that are opaque to American regulators.
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