When I said “what a week”
last week I had not anticipated what would happen this week. With Russia “intervening” in Ukraine, the already volatile political & financial climate coming out of the pandemic is put on steroids. Western countries seem more united than ever, willing to do literally anything short of sending the army.
Vladimir Putin is already threatening NATO countries. The best-case conceivable outcome right now would be that the Russian invasion stays limited to regime change in Ukraine. All others outcomes are unthinkable. Ukraine will likely put up long-term (underground) resistance when Kyiv falls, a conflict that may take years.
With Putin already threatening the use of nuclear weapons, the only hope for the West to avoid military confrontation is a Russian revolution or military coup. Under nuclear threat, Putin may find an incursion into Lithuania feasible. 69 years old Vladimir seems all too determined to leave his mark on history.
📃 To take your mind off things this week:
- ⭐Highlight: sanctions and their implications, in-depth articles.
- 🔍Valuation: Buffett complains about the lack of value investing opportunities.
- 🚀Space: diplomacy in space or the ISS as leverage?
- 🎁Extra: 12ft ladder - paywalls-be-gone.
Have a great week!