Winners, Losers and Links
Winners
China - If this is the way Ukraine shakes out, Taiwan is on the upcoming events menu.
Market shorts - Invasion causing a risk off move.
Oil longs - Oil over $100, and an American industry affected by ESG investing will not crank up quickly.
Losers
US State Department - Incoherent messaging, schizophrenic policy and hysteria do not reflect well on State.
Ukrainians - They became an American vassal and all they got was invasion.
Immigration Advocates- Do Ukrainians count as refugees to welcome? There was no push to resettle them in ‘14.
Links
Lessons from the Canadian trucker protest.
Luttwak pours cold water on Chinese supremacy.
Prosperity might be why cthulu swims left.
Greenwald covers the war on dissent.
There are lessons to learn from the fall of the Soviet Union.
We must investigate covid’s origins… or just read Loki’s tweets.