Crisis
Executive Summary
- Why the US' antagonistic approach towards Russia is likely to backfire big time, in both the near and long term
- How, by definition, the West has already initiated economic warfare against Russia
- Why things will get very bad in a hurry for the West if Russia reacts by re-directing its energy exports
- And how things could get much worse indeed, for everyone, if this conflict erupts into a military confrontation
If you have not yet read Warning: The Ukraine Is At A Flashpoint, available free to all readers, please click here to read it first.
Poking The Bear
And that finally brings us to Russia, which has a long and complicated history with Ukraine. There are many Russian speaking people in the Ukraine, for whom Russia feels somewhat protective, as perhaps US citizens in Canada or Mexico might expect from the US.
Further, Russia quite rightfully feels that it is being systematically surrounded and cornered by the NATO military structure and they might reasonably ask themselves why and for what purpose(s)? There are probably other ways to look at this, but it's certainly reasonable to think that Russia might feel just the tiniest bit provoked, if not threatened, at the West's obvious efforts to get Ukraine to join up with NATO.
Instead of sitting down with Russia to try and hammer things out, the US resorted almost immediately to a series of sanctions targeted at Russian individuals and companies, as well as the Russian stock and bond markets, with the intention of creating economic and financial hardship that would get Russia to leave Ukraine to the west.
Here are a few of the efforts so far…
How This Situation Can Quickly Get Much Worse
PREVIEW by Chris MartensonExecutive Summary
- Why the US' antagonistic approach towards Russia is likely to backfire big time, in both the near and long term
- How, by definition, the West has already initiated economic warfare against Russia
- Why things will get very bad in a hurry for the West if Russia reacts by re-directing its energy exports
- And how things could get much worse indeed, for everyone, if this conflict erupts into a military confrontation
If you have not yet read Warning: The Ukraine Is At A Flashpoint, available free to all readers, please click here to read it first.
Poking The Bear
And that finally brings us to Russia, which has a long and complicated history with Ukraine. There are many Russian speaking people in the Ukraine, for whom Russia feels somewhat protective, as perhaps US citizens in Canada or Mexico might expect from the US.
Further, Russia quite rightfully feels that it is being systematically surrounded and cornered by the NATO military structure and they might reasonably ask themselves why and for what purpose(s)? There are probably other ways to look at this, but it's certainly reasonable to think that Russia might feel just the tiniest bit provoked, if not threatened, at the West's obvious efforts to get Ukraine to join up with NATO.
Instead of sitting down with Russia to try and hammer things out, the US resorted almost immediately to a series of sanctions targeted at Russian individuals and companies, as well as the Russian stock and bond markets, with the intention of creating economic and financial hardship that would get Russia to leave Ukraine to the west.
Here are a few of the efforts so far…
Argentina is a country re-entering crisis territory it knows too well. The country has defaulted on its sovereign debt three times in the past 32 years, and looks poised to do so again soon.
Its currency, the peso, devalued by more than 20% in January alone. Inflation is currently running at 25%. Argentina's budget deficit is exploding and, based on credit default swap rates, the market is placing an 85% chance of a sovereign default within the next five years.
Want to know what it's like living through a currency collapse? Argentina is providing us with a real-time window.
So, we've invited Fernando "FerFAL" Aquirre back onto the program to provide commentary on the events on the ground there. What is life like right now for the average Argentinian?
FerFAL: Here’s What It Looks Like When Your Country’s Economy Collapses
by Chris MartensonArgentina is a country re-entering crisis territory it knows too well. The country has defaulted on its sovereign debt three times in the past 32 years, and looks poised to do so again soon.
Its currency, the peso, devalued by more than 20% in January alone. Inflation is currently running at 25%. Argentina's budget deficit is exploding and, based on credit default swap rates, the market is placing an 85% chance of a sovereign default within the next five years.
Want to know what it's like living through a currency collapse? Argentina is providing us with a real-time window.
So, we've invited Fernando "FerFAL" Aquirre back onto the program to provide commentary on the events on the ground there. What is life like right now for the average Argentinian?
One of my more memorable moments in business school came during an Operations class. The topic for the day was the Bullwhip Effect, a very real and vexing phenomenon that occurs in forecast-driven distribution systems.
Essentially, when there are multiple parties in a distribution system, the imperfections in each player's forecasts (no forecast is consistently perfect) compound to wreak increasing havoc over time, even if demand stays relatively stable.
Grasping how this works is somewhat non-intuitive…
Why the Bullwhip Effect All But Guarantees Another Poorly-Handled Liquidity Crisis
by Adam TaggartOne of my more memorable moments in business school came during an Operations class. The topic for the day was the Bullwhip Effect, a very real and vexing phenomenon that occurs in forecast-driven distribution systems.
Essentially, when there are multiple parties in a distribution system, the imperfections in each player's forecasts (no forecast is consistently perfect) compound to wreak increasing havoc over time, even if demand stays relatively stable.
Grasping how this works is somewhat non-intuitive…
Community
The Grow Network
Learn more