Trump Blames U.S. for 'Almost Forcing' Putin to Invade Ukraine
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Hi David, a bit random but related to the Ukraine war. Some unbiased analysts are saying Russia will win the war in the coming weeks/months. They are amassing a powerful offensive which will commence when the ground to freezes over. They expect this operation to defeat the Ukrainian army who are also out of basic essentials like fuel and heating. Your thoughts on this? Also, if there was a Russian win of the war, what does a Russian win look like? Splitting up of Ukraine to West and East, an aggresive response from NATO countries? In these potential scenarios what do you see as the impact on financial markets?
Hi David, interesting point of view as always. your first scenario is clear and easy to understand, however I am afraid I don't understand the second one. if democrats lose control of Congress, and at the same time public opinion is more and more against the war as you mention, and republicans are more represented, how would this end up in a more aggressive stand? Do you mean it would be the "all or nothing" move by Biden before the end of his term?
Trump is right. As a reminder, we almost went to (nuclear) war over the placement of Russian missiles in Cuba. From time immemorial, conflict between great powers requires recognition of inviolable "spheres of influence" (viz, the Monroe Doctrine) and a buffer region (aka, demilitarized zone). Every successful Biden doctrine is an extension of the Trump doctrine; every Biden failure stems from repudiation of a Trump Doctrine. No more folly that the Ukraine War and the SPR. When oil crashed, Trump wanted to refill it with $24 oil. Everyone would win. This was opposed by the Democrats;led by Schumer. The result is that we find ourselves in a situation where the SPR is depleted and if it is to …