Sever the connection between extractive kleptocratic Muscovy and Yakutia, Komy, Uralia, Chuvash, Mordovia, Tatarstan, Bashkortostan, Kamchatka, Sakhalin etc and all the non-Russian periphery will be free to make deals to sell their commodities, including rare earth minerals, directly to Japan, China, South Korea, Europe, Taiwan, etc.
If you're BP, Total, ENI, Schlumberger, Halliburton or Exxon and been burned in Sakhalin by the mafia with a flag in Muscovy, you'll think twice about going back. Western mining and oil companies certainly prefer dealing with rule of law governments that respect clear and transparent contracts to dealing with kleptocratic dictators. They run big reputational and investment risk if they think otherwise. The days of United Fruit calling the State Dept to send marines and gunboats are long gone.
The model for extractive industry governance is here: https://eiti.org/our-mission
The Extractive Industries Transparency Initiative.
Royalties from mining and oil/gas get deposited directly into health and education funds, bypassing national treasuries.
TR, not FDR, was the trust buster. Standard Oil was broken up in 1906.
I grew up in the Vietnam era and as a volunteer interviewed, translated and compiled Central American refugees' political asylum applications for their petitions at the Canadian consulate in L.A. from 1984-86 American imperialism was hardly quiet, but an object lesson in how not to do empire. Here's some proof that the idea that I pay little heed to the crimes of the American empire is utter nonsense:
https://medium.com/lessons-from-history/post-cards-from-the-border-refugee-crisis-e152c3a7e96c
