Well, I think you are wrong on all counts NoEnz. From my perspective, your politics are clearly anti-American and anti-German. I doubt you hate Americans and Germans; you simply do not know any better.
Well, your perspective is pretty warped. I mean you are the one with all the anti-american and anti western in general statements. Hint: being anti Putin has no relationship to his views on the west
Well, I think you are wrong on all counts NoEnz. From my perspective, your politics are clearly anti-American and anti-German. I doubt you hate Americans and Germans; you simply do not know any better.
FWIW I am not actually sure Putin will come out weaker from this. What is certain however, is that Russia is a couple of degrees of magnitude more chaotic than most of us realize. If that is your thing.. be my guest.
Given that this guy is so consistently wrong about this war, I'll take this as good news and that Putin's grip is actually faltering.
Always find it ironic that the anti-US establishment on the NA continent are so obsessed about the projection of US power, they end up completely blind to anything else.
Well, I think you are wrong on all counts NoEnz. From my perspective, your politics are clearly anti-American and anti-German. I doubt you hate Americans and Germans; you simply do not know any better.
Given that this guy is so consistently wrong about this war, I'll take this as good news and that Putin's grip is actually faltering.
Always find it ironic that the anti-US establishment on the NA continent are so obsessed about the projection of US power, they end up completely blind to anything else.
they see liberals, liberalism, liberal democracy and individual human rights as the enemy
extremists, both left and right, are two sides of the same hubristic coin
Given that this guy is so consistently wrong about this war, I'll take this as good news and that Putin's grip is actually faltering.
Always find it ironic that the anti-US establishment on the NA continent are so obsessed about the projection of US power, they end up completely blind to anything else.
Yup. And also, yup.
The types that are vehemently against supporting Ukraine seem to have zero grasp of what that would mean to the future of Europe, NATO, and even China-US relations going forward.
Given that this guy is so consistently wrong about this war, I'll take this as good news and that Putin's grip is actually faltering.
Always find it ironic that the anti-US establishment on the NA continent are so obsessed about the projection of US power, they end up completely blind to anything else.
Russiaâs uprising: irrelevant, incomprehensible, or something else?
.......
Joachim Klement, Strategist at Liberum, argues that the weekendâs events are âobviously inconsequential to financial marketsâ. They are so irrelevant, he says, that he only wrote a note about them because so many other people were bloviating about them, and his clients were asking questions. His argument is interesting, but I donât think it implies quite what he thinks it does.
Klementâs argument goes like this:
The Ukraine war is in a stalemate and will stay that way for a while.
So long as the stalemate persists, there are only three things that can happen that will matter to investors: (a) Russian nuclear escalation, (b) the end of western support for Ukraine, or (c) Russian regime change.
If (a) happens, one should buy on any weakness. Either de-escalation follows and prices go back up, or most of us die and portfolios donât matter (I call this âthe Oppenheimer putâ, and Klement is quite right about it).
(b) is very unlikely.
The chances of (c) are impossible to estimate, even granting that Putin looks weaker now. âThe nature of regime change is that each attempt is idiosyncratic in natureâ.â.â.âthe <1991> August Coup led to the downfall of within four months, but Stalin was in office 30 years.â
So investors should just keep doing whatever they were doing before.
The argument starts out claiming the events were irrelevant to markets, and ends by claiming that the ramifications of those events are impossible to predict. Those are not quite the same thing. If you are invested in energy, or defence, or in eastern Europe generally, the new evidence of Putinâs weakness is plainly important, even if you donât know what to make of it yet.
