Long Term Economic Fallout From War In Ukraine

[Markola]

We watched the new Frontline about Vladimir Putin or, as he seems to think of himself, “Vladimir the Great”. Recommended.

[yhoomajor]

Saudi Arabia considering use of Chinese Yuan for Oil Sales to China.

https://www.foxbusiness.com/markets/...nese-oil-sales

[brett]

Russia will experience two things in the short term.

The first will be an absence of capital investments.

The second will be the start of an immediate brain drain.

Both will have lasting negative impacts on Russia.

People with expertise/talent, who are mobile or who can get around the visa issue for those of military age will leave the country. Quickly...because the writing is on the wall. Things will only get worse from an individual perspective.

Plus all the other issues relating to businesses closing, embargoes, currency devaluation, etc.

[golfnut]

Kinda have to hope there are long term things to worry about. Putin is very difficult to figure out especially if things are not going his way. Just wish somehow, some way he gets kicked to the curb, killed . whatever.