Markets are taking all of the saber rattling in stride, with numerous sectors blasting off based off pipe dreams of peace and prosperity. In the real world, Zelensky is asking Biden to go to war with Russia, by creating a no fly zone over Ukraine, in order to save his regime. Makes sense — preserve power by any means necessary. Encourage civilians to take up arms and die for his right to rule over Ukraine. If all else fails, drag the entire planet into the war and set off a world ending nuclear war, all because you wanted to be king.
My interests do not align with Ukraine’s and I could give two fucks if Zelensky was in prison or in his palace. What I do care about is my country and the people that live in it — racing towards death for a purpose that does not concern us — but it does concern our ruling elites who use Ukraine like a rubber ducky squeaky toy.
Here are some headlines:
CHINA: “One country’s security should not come at the expense of anothers security.”
KREMLIN: LATEST COUNTER-MEASURES WON’T BE ONLY RESPONSE: TASS
ZELENSKY IS URGING BIDEN AND NATO TO IMPOSE A NO-FLY ZONE” OVER SIGNIFICANT PARTS OF UKRAINE STATING THAT “UKRAINE CAN BEAT THE AGGRESSOR IF THE WESTERN ALLIES DO THEIR PART.” – AXIOS.
ERDOGAN SAYS TURKEY TO ABANDON NEITHER UKRAINE NOR RUSSIA TIES
RUSSIA SAYS UKRAINE AGREED TO ANOTHER ROUND OF TALKS: IFX
RUSSIAN MINISTER SAYS WE AND OUR ALLIES CAN DUMP EUROS AND DOLLARS AS WE CANNOT TRUST THESE CURRENCIES – INTERVIEW ON LOCAL MEDIA
Russian ships are banned from docking in British ports.
Bill Ackman: “Is there a point at which we say it is un-American to sit back and watch this transpire?”
One thing of note with the Russian Ruble collapse and the remarkable weaponization of the USD, China has to be looking at this and wondering about their exposure to dollars and treasuries. Russia, for all intents and purposes, are being cornered — similar to Japan in WW2. Me jawboning about this is meaningless. I will say, markets have been easy to trade, with predictable morning ramps followed by late day collapses. Expect more of the same.
+510bps and nearly 60% cash now.
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FIG!!!!
There is a “no erection” zone in most of the hags houses that frequent this blog.
Future historians will opine about the end of America’s dominance, and precisely when
? Last year’s disgraceful, humiliating retreat from Afghanistan
? the COVID-19 pandemic in which Faucist bureaucrats took over the nation.
? Perhaps the day that the US national debt hit $30 trillion.
?Or Russia’s invasion of Ukraine.
[The day a tiny, poor, banana republic told DC to Foff & mind their own business]
Or they may point to some other event that hasn’t taken place yet.
But it should be obvious that the decline is happening.
And that’s reason enough to have a Plan B. (Simon Black)
Plan B
1) Go bowling with the Fly
2) Protect your assets
3) Give yourself options no matter what happens
? Comedian tells Hunter’s Dad to “Do his part”
PS This is not what I want to see but it’s reality.
you forgot to add…
?Jewish space aliens stole the election from trump.
? marjorie taylor greene might be human and if she is, she might have a single gender.
? antivax and antimask people are mostly skinhead nazis.
? trump is a genius and so is Putin… every one else are dogs.
On Meet the Press (a must watch if you want to know what they’re selling) yesterday, we saw Chuck and Senator Warner of the senate intelligence committee do a performance where they implied that Putin is held up in one of his luxury dachas and is unstable.
Is he? If so, why would our guys push an unstable nuke-armed fellow?
And if he isn’t he unstable, what are our warmongers looking to excuse our proactively doing after they sell us on Putin being dangerous and unstable?