War mongers in the US are overwhelmed with joy in front of their Moloch statues this morning, elated to see death and mayhem perhaps a bit closer to American boys and girls. After all, our dear friends, the fucking Ukrainians, need our help.
A series of horrendous headlines are causing small market weakness today, nothing too scary from a financial point of view. But, given the current state of the war in Ukraine (much tougher than expected) and NATO’s increasing involvement, I would be surprised if this war did not spill into other countries by summer.
EU’S FOREIGN MIN. BORRELL: RUSSIA IS GUILTY OF EXTREME WAR CRIMES; WE ARE PREPARED TO DISCUSS ENERGY SANCTIONS.
GERMAN GOVT SPOKESPERSON SAYS GOVERNMENT IS DETERMINED TO DELIVER MORE ARMS TO UKRAINE, ONE WAY IS VIA PLACING ORDERS AT DEFENCE FIRMS
RUSSIAN DEPUTY PM: OIL PRICES COULD JUMP TO BETWEEN $300 AND $500 PER BARREL IF EUROPE BANS RUSSIAN OIL
CHINESE FOREIGN MINISTRY: CHINA WILL CONTINUE ITS USUAL TRADE RELATIONS WITH RUSSIA
Prime Minister of Poland calls on Switzerland to freeze accounts of Russian oligarchs
RUSSIA CONSIDERING BAN ON URANIUM EXPORTS: TASS CITES NOVAK
RUSSIA TELLS U.S. AMBASSADOR THAT TIES ON VERGE OF BEING SEVERED
THE RUSSIAN FOREIGN MINISTRY HAS ISSUED A STATEMENT OF PROTEST IN RESPONSE TO US PRESIDENT BIDEN S UNACCEPTABLE REMARKS REGARDING PUTIN.
The west is being lulled into a false sense of security watching Russia stumble in Ukraine. The Ukraine army is arguably the most formidable in Europe and they’re losing, make no mistake about it. On the entire continent of Europe, there are no formidable armies that can take on the Russians at this time. All of that would rest in the hands of Americans and perhaps we can easily manage Russia; there will be massive casualties in the process. Also, and this goes without saying, if the war expanded into Europe proper, Russia would likely do a draft, which would then be mandated in western nations as well, all the while gas at the pump fetched $20 per gallon.
If ties get severed, expect Russia to halt deliveries of enriched uranium, causing stocks in that space to moon: DNN, UUUU, UEC, NEX.
The US 10yr is +9bps to 2.24, highest since 2019 due to inflation.
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CBDCs are getting simultaneously pushed. Where does that leave the banks with the yield curve action that is going on. To me it looks like the Fed/Gov want to cut all middle men including most banks.
As someone who knows a lot of military history I would remind you that Hitler’s greatest strategic error was thinking that the USSR was weak after their stumble in Finland.
After the poor performance of the Soviets in the Finnish invasion Hitler foolishly said all we have to do is “kick the door in and the whole rotten edifice will fall”. While the USA and the UK fought heroically against the wickedness of Hitler’s forces, it was in the end the sheer tenacity of the Russian soldiers who decisively dealt the death blow at Stalingrad to what at first appeared the unstoppable armies of the 3rd Reich.
A confrontation with a motivated Russian military should NEVER be taken lightly and avoided if possible.. but of course since they refuse to allow “LGBTQRSTUVWXZ” and the woke agenda they make a convenient target for Brandon. They are also a FANTASTIC distraction and make a great punching bag for Brandon and his friends who can now blame all their failures in the economy the last 14 months on the last 3 weeks…
BTW, interesting how the NY Times which DENOUNCED the Hunter Laptop story as “Russian disinformation” (LOL) now ADMITS it was true ALL ALONG – but of course even though that outrageous and incredible story is revealed, there is almost NO coverage in ANY mainstream news (except Foxnews). How convenient that the news cycle is so busy with ‘Russia Russia Russia’ again there is no time to discuss that or the impeding insane Iran ‘deal’.
what the pirate said