Putin is losing. The West is winning. But an existential threat remains because Putin is compelling the West to take steps that end up hurting the West. He remains able to follow through on existential threats. The wounded victor must wake up to missed signals.
Borrow a little you are a borrower. Borrow a lot and you are a partner. I believe having countries hold their reserves in US treasuries builds interdependence, provided the loans are denominated in dollars (a fiat currency).
2nd article this week claiming the "US is winning", while illustrating the opposite, except for the claim that money will flow to the USD. Historically, yes. However, that was all based upon the faith in the USD & US debt. Is the faltering of that faith not the central "reveal" of these events?
India, China & Saudi all moving to trade directly with Russia & China, without the USD (see the Luke Gromen interview linked here). That advances the end of the Petrodollar - see above. IMO, these last 2 articles aren't logically consistent. They're more like clickbait.
Two cents on overreactions (part Two): "The Kinzhal, which means “dagger”, is a hypersonic missile against which there are no known defenses due to its speed (12,350 k per hour) and ability to change course mid-air.""In February, Kinzhals were deployed to Kaliningrad. Here is a 500-mile radius map. These things go 2000km! This means all of Western Europe is within easy range." You sound too ethusiastic about it's capabilities and thus taking this as something with no defences which is not true. Please check Aegis and other defences, there is a bunch of professional analysis available. https://www.csis.org/analysis/complex-air-defense-countering-hypersonic-missile-threat
If you read the text and cited sources carefully, the conclusions are far from being firmly supported with logic and evidence. Too much praise of mr. putin who was so smart to catch the west with his strategic provocations, and - (surprise) is losing big in his simple Ukraine offensive because of lousy logistics, poor conventional war strategy and management? Looks so much overrated.
“Better to reign in Hell than serve in Heaven” - Satan's sentiment written by Milton in Paradise Lost. Could that be the motto for Putin and his mafia/government? Putin may be committed to taking the world with him if he must exit the stage.
The commentary is insightful, but the Marvel comic book graphics detract from the seriousness of the situation. People are being killed by Putin. POW! WHAM ZAM! detract from your analysis.
Great Article! Just annoyed with how this is labeled a "genocide" simply because blond blue-eyed people are affected. Let's compare the casualties to any crisis that has occured in the Middle East. The virtue signaling needs to come down a notch.
Imaging the mind of Putin the Calculator....He must realize that any nuclear strike anywhere brings instant retaliation in kind. Perhaps the ending of the current 5000 year era of civilization appeals to him.
Well, ....at least Klaus Scwab and WEF agenda will fail......some solace. I WANT the USG to have to wrestle with the debt crisis it has created. Tight Term limits and absolute limits on debt, based on GAAP accounting methodology. Let’s get on with really important Constitutional Amendments. Let’s take our medicine; make essential changes to hopefully ensure responsible governance.
Oil never stopped flowing out of Iran after the sanctions. Only in Dark Market, at big discount.
If RUssia actually stops the flow of Oil, Gas, Fertilizers, Wheat, Palladium, Neon Gas, and Uranium for the rest of the world for good, not even dark market... Then the ''wounded victor'' will becamo the ''moribund victor'' and wil R.I.P.
Borrow a little you are a borrower. Borrow a lot and you are a partner. I believe having countries hold their reserves in US treasuries builds interdependence, provided the loans are denominated in dollars (a fiat currency).
2nd article this week claiming the "US is winning", while illustrating the opposite, except for the claim that money will flow to the USD. Historically, yes. However, that was all based upon the faith in the USD & US debt. Is the faltering of that faith not the central "reveal" of these events?
India, China & Saudi all moving to trade directly with Russia & China, without the USD (see the Luke Gromen interview linked here). That advances the end of the Petrodollar - see above. IMO, these last 2 articles aren't logically consistent. They're more like clickbait.
Example after example... https://twitter.com/JavierGoya7/status/1504511599247249414?s=20
Two cents on overreactions (part Two): "The Kinzhal, which means “dagger”, is a hypersonic missile against which there are no known defenses due to its speed (12,350 k per hour) and ability to change course mid-air.""In February, Kinzhals were deployed to Kaliningrad. Here is a 500-mile radius map. These things go 2000km! This means all of Western Europe is within easy range." You sound too ethusiastic about it's capabilities and thus taking this as something with no defences which is not true. Please check Aegis and other defences, there is a bunch of professional analysis available. https://www.csis.org/analysis/complex-air-defense-countering-hypersonic-missile-threat
Thank you Pippa! Your insights and thoughts are always welcome by a reactionary global macro trader like myself :)
If you read the text and cited sources carefully, the conclusions are far from being firmly supported with logic and evidence. Too much praise of mr. putin who was so smart to catch the west with his strategic provocations, and - (surprise) is losing big in his simple Ukraine offensive because of lousy logistics, poor conventional war strategy and management? Looks so much overrated.
Bonds are as dead as disco.
Ranch houses cost half a million,
Real inflation is running over 10%.
The markets are in a bubble.
Entitlement programs are red lining.
Paper gold is a paper tiger and Bitcoin, the ultimate abstract financial concept, is our savior.
But we’re winning a war.
Vodka on the rocks anyone?
“Better to reign in Hell than serve in Heaven” - Satan's sentiment written by Milton in Paradise Lost. Could that be the motto for Putin and his mafia/government? Putin may be committed to taking the world with him if he must exit the stage.
The commentary is insightful, but the Marvel comic book graphics detract from the seriousness of the situation. People are being killed by Putin. POW! WHAM ZAM! detract from your analysis.
Great Article! Just annoyed with how this is labeled a "genocide" simply because blond blue-eyed people are affected. Let's compare the casualties to any crisis that has occured in the Middle East. The virtue signaling needs to come down a notch.
Is India the swing state now?
Imaging the mind of Putin the Calculator....He must realize that any nuclear strike anywhere brings instant retaliation in kind. Perhaps the ending of the current 5000 year era of civilization appeals to him.
But, does the West still depend on China and other emerging markets to continue circulating their savings into US Treasuries? Yes
Um , does China still depend on the West to keep buying their often superfluous exports?? A big YES.
Guess what’s easier - developing production or finding 1 BILLION new buyers ??!!
The second the US decides to divorce themselves from China - it’s a struggle, but it’s a death blow to China.
And they are finally learning it now.
https://www.youtube.com/watch?v=fUW0mCrAQBc
Well, ....at least Klaus Scwab and WEF agenda will fail......some solace. I WANT the USG to have to wrestle with the debt crisis it has created. Tight Term limits and absolute limits on debt, based on GAAP accounting methodology. Let’s get on with really important Constitutional Amendments. Let’s take our medicine; make essential changes to hopefully ensure responsible governance.
Oil never stopped flowing out of Iran after the sanctions. Only in Dark Market, at big discount.
If RUssia actually stops the flow of Oil, Gas, Fertilizers, Wheat, Palladium, Neon Gas, and Uranium for the rest of the world for good, not even dark market... Then the ''wounded victor'' will becamo the ''moribund victor'' and wil R.I.P.
“… Fat Man bomb dropped on Hiroshima”
The ‘Fat Man’ bomb was actually dropped on Nagasaki - not Hiroshima.