0 sats \ 1 reply \ @mallardshead 27 Aug 2023 \ parent \ on: BRICS+: The Big Shft Is Coming bitcoin
Ok touché, the last part especially. My final argument then we'll have to agree to disagree.
Lot's of smart money view Ukraine as an opportunity like the rebuild of Japan from 1945-1952; where it rapidly afterwards became the world's second largest economy, even after most cities were firebombed to ash, and there was a double nuking event. The ReBuild Ukraine conference in Poland earlier this year was so well-attended (by the well-to-do), that they're doing another one this November. And Ukraine bonds have been one of the hottest investments for awhile now:
https://www.bloomberg.com/news/articles/2023-06-27/morgan-stanley-bet-on-ukraine-s-debt-returns-47-in-three-months
The design pattern of the war the US has put on Russia is nasty from what I've observed and concluded, which is this:
The US has a falling military budget. And for a drop in the bucket of that budget, they get to dramatically weaken an enemy, while selling energy to allies for more money than our enemy did, while putting a resource rich country (Ukraine) in debt, and losing no men. It's the smartest war ever fought.
It's really the MASSIVE natural resources of Ukraine that are most interesting, especially to Russia, who will lose what they've sampled heretofore.
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0 sats \ 0 replies \ @TomK OP 27 Aug 2023
With respect to Ukraine: my impression is that Ukraine ( with Nato in the back) is being grinded by the well-established russian defense line. There is a recruiting problem and first nato members are trying to find a way out of this. Today Italy commented via its former PM Conte that ''Nato strategy is failing'' and sanctions are back-firing to the Europeans. Russia won't leave Crimea or Donbass, that's over. And I think Putin is bleeding the Zelensky regime out to negotiate with another group of representatives on the future of the country, nato presence and the exploitation of the massive gas fields in the black sea (which is all about in my opinion). Let's see how it's playing out. Winter is coming...
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