iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,556 Blog Posts

The War is Going to Escalate

A little news blurb just crossed the wires from head of NATO Jens Stoltenberg, who said Ukraine will be accepted into NATO after the war ends.

I think it’s fair to say the war against NATO via Ukraine went towards the worst case scenario for Russia but now they have a much larger task in front of them. Lose the war and lose your country. It’s really that simple. If Russia cannot win, Ukraine will host NATO nuclear weapons inside 5 years and will forever be lost. In other words, this war isn’t ending any time soon and the only reason why Russia isn’t directly engaging with NATO is because they’d rather not have to deal with its airforce and naval assets.

Markets are middling and look to want to tip over. The massive movers are Chinese stocks. Who knew all they need for 15% gains was another lockdown and riots.

I’m up 55bps early going and placed a UVIX hedge on just in case we flush.

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4 comments

  1. purdy

    North of Antarctica Treaty Organization?

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  2. roguewave

    When the war ends Ukraine will be a smoking crater of radioactive dust.

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  3. flea

    I saw a graphic on the news yesterday. It appears that Russia controls quite a bit of southern and southeastern Ukraine. I doubt Ukraine can wrest it from them, and hence should settle somehow.

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  4. soupbone

    They sure have become great pals in NATO in the last decade. Mostly left leaning and globalist, with extra ESG and Davos agendas all fully agreeable also. Quite scary as a conglomerate. But the weak link, always the same link, is the economy and employment that will erode them like the witch in Oz. I expect every effort will be made to keep recession at bay else lose years of “work” and get replaced by pragmatic government.

    Sorry, but I mean who the hell introduces taxes on carbon consumption at the consumer level in the face of inflation? Or a carbon tax on exhaust emissions in London UK, where the going is going to be very harsh for years already.

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