It’s reasonable to say NATO is no longer a deterrent in Europe, but instead a cause for instability. It’s not NATO that is forcing Putin to threaten military action of course — but the perception of NATO in Russia that is now a redline. That redline is based off the past 25 years of NATO led conflict and has pushed its borders right up to Russia’s at a time when American rhetoric blames Russia for everything from our election outcomes to a rainy day in Maine.
It would make sense to cease permitting Eastern European nations from entering NATO, and instead opt for diplomacy with their neighbors in a manner that isn’t malevolent. Thus far, we have heard nothing but belligerent statements out of all Eastern European nations towards Russia and I can understand why they dislike them. But like talking shit to a bully in a schoolyard, if you choose to open your mouth and talk shit — you must be in a position to back it up.
Estonia is the most outspoken Baltic nation and they have no airforce.
This is Russia’s sphere of influence and there isn’t a balance of power. The idea of NATO made sense when they had their Warsaw Pact; but now it’s unnecessary and the primary cause for all of the suffering taking place in Ukraine today.
Stocks don’t give a fuck, however, at least for the session. I am +265bps, heavily long commodities with 10% short.
Presently cooking a corned beef and getting ready for a night of wanton debauchery and beer/whiskey consumption.Comments »