Not much time left till I bug out, so … Western sanctions are creating real headaches for Russia, like, how should Russia spend all the money they’re pulling in: Briefly noted via Zerohedge, How Sanctions Have Increased Russia's Oil And Gas Revenue:
in my early business career, I had experience in commodity markets. Very early in the war (ny March 8), I picked up on how US economic warfare against Russia through sanctions was backfiring in the form of much higher commodity prices and trade surpluses for Russia: https://twitter.com/search?q=exports%20(from%3Aclimateaudit)&src=typed_query&f=live
I'm just waiting for BlackRock to come out with an iShares ETF for Russia. Maybe they could call it the "Great Patriotic Fund." That would appeal both to patriotic Americans and Russians. This ETF would be invested in various metals and natural resources, commodities, fertilizer, energy, Russian government bonds, and the "Rubble." In short, all things that will hold up well during a prolonged U.S. recession. When BlackRock comes out with this fund we will know both that the Ukraine war is over and that the U.S. has met its economic Waterloo.
Totally off topic, but is anyone else as tired as I am of Bill Bart’s self-aggrandizing? This guy was in a position to make a huge difference and actually put a stop to a lot of the stuff that was going on during his tenure as AG, but he chose to do N O T H I N G. Now he is everywhere trying to convince us what a stand up guy he is and how outraged he is by what went down. Does he really think that we are that stupid and uninformed?
His colossal gall is breathtaking!
It’ll be a cold day in Hell before I see him as anything but a self-serving bureaucrat who displayed cowardice when courage was required. Pathetic.
Bill Barr’s impersonation of Patrick Henry,
“Give me liberty, or hey, maybe we can work something out.”
Zhou's approval rating fell to 36 percent in a Reuters-Ipsos poll released Tuesday, marking its lowest point to date in that particular poll.
The poll found Biden’s approval rating fell 6 percentage points from a week earlier, and it dropped from 76 percent to 72 percent among Democrats in that same span.