Australian (ASX) Stock Market Forum

Ukraine War



Posted this in another thread. From 6 years ago. Some spot on predictions and interesting perspectives.

This guy is a moron. Q'anon has more credible arguments. But I guess these academic f-wits have to always be coming up with these ideas to keep selling books, lectures, interviews, and justifying their positions. My favourite quote is when he says 'states only use nuclear weapons when they are backed into a corner' Just flat wrong. The US used nuclear weapons and they were not backed into a corner when they dropped the bombs...

And there is the overall tone of his views that only the US and Russia are allowed to have opinions. Ukraine has to be made a buffer state.... No other country or population can make their own decisions.... It's like telling a woman she can't remarry because her crazy ex-husband might get jealous and attack her- and if she does get attacked it's the new man's fault.

The USSR fell apart and failed. Nato / the west do not need to respect Russia or any supposed 'sphere' of influence other than the borders of Russia.
 
This guy is a moron. Q'anon has more credible arguments. But I guess these academic f-wits have to always be coming up with these ideas to keep selling books, lectures, interviews, and justifying their positions. My favourite quote is when he says 'states only use nuclear weapons when they are backed into a corner' Just flat wrong. The US used nuclear weapons and they were not backed into a corner when they dropped the bombs...

And there is the overall tone of his views that only the US and Russia are allowed to have opinions. Ukraine has to be made a buffer state.... No other country or population can make their own decisions.... It's like telling a woman she can't remarry because her crazy ex-husband might get jealous and attack her- and if she does get attacked it's the new man's fault.

The USSR fell apart and failed. Nato / the west do not need to respect Russia or any supposed 'sphere' of influence other than the borders of Russia.

I take my hat off to you if you were able to sit through over an hour of that :)
 
This guy is a moron. Q'anon has more credible arguments. But I guess these academic f-wits have to always be coming up with these ideas to keep selling books, lectures, interviews, and justifying their positions. My favourite quote is when he says 'states only use nuclear weapons when they are backed into a corner' Just flat wrong. The US used nuclear weapons and they were not backed into a corner when they dropped the bombs...

And there is the overall tone of his views that only the US and Russia are allowed to have opinions. Ukraine has to be made a buffer state.... No other country or population can make their own decisions.... It's like telling a woman she can't remarry because her crazy ex-husband might get jealous and attack her- and if she does get attacked it's the new man's fault.

The USSR fell apart and failed. Nato / the west do not need to respect Russia or any supposed 'sphere' of influence other than the borders of Russia.
I think it's the exact thinking of Russia at this point and their surprise at the west's response. Russia is stuck in an old way of thinking and the west has moved on. Russia will want a buffer between it and the west. And will most likely level cities pro Ukraine.

Younger people are not beholden to the thinking of the past and its a noticeable shift away from old restrictive norms. Ukraine wants independence and Russia still thinks its not in the internet age.

US going into Japan would have been a bloodbath.
 
RE: Price of oil...


Sort of expected with oil, but what about other commodities? Fertilizers to the moon?
considering the global fertilizer shortage BEFORE this was because of high gas prices AND Russian bank transactions are even more restricted NOW

the sensible option would be ' we will sell you fertilizer at commercial rates paid in physical gold ( on delivery ) '

don't you worry in many cases only SELECTED nations have been put on the banned export list for several commodities ( including silver )

for other nations existing contracts will be honored
 
This guy is a moron. Q'anon has more credible arguments. But I guess these academic f-wits have to always be coming up with these ideas to keep selling books, lectures, interviews, and justifying their positions. My favourite quote is when he says 'states only use nuclear weapons when they are backed into a corner' Just flat wrong. The US used nuclear weapons and they were not backed into a corner when they dropped the bombs...

And there is the overall tone of his views that only the US and Russia are allowed to have opinions. Ukraine has to be made a buffer state.... No other country or population can make their own decisions.... It's like telling a woman she can't remarry because her crazy ex-husband might get jealous and attack her- and if she does get attacked it's the new man's fault.

The USSR fell apart and failed. Nato / the west do not need to respect Russia or any supposed 'sphere' of influence other than the borders of Russia.

Agree letting Russia make the rules is not a good idea
 
John Mauldin makes this point

"
At the same time, some of this is outside US control. A small example: Ukraine produces about 70% of the world’s neon gas exports. While neon signs are now mostly antiques, it is a crucial component in semiconductor production. That kind of neon gas has to be refined to ultra-high purity. Two-thirds of it comes from a single factory in Odesa, Ukraine. Furthermore, the kind of ships that can carry that gas aren’t super common and could become even less so if someone gets trigger-happy in the Black Sea.

If those neon shipments should stop, analysts say global chipmakers probably have about eight weeks’ supply on hand. Then what?"
 

" the noise of the great actors, and the buzzing of the poison-flies."​

Always increasing culture...LOL
Has anyone found any decent source of info on this conflict: Reuters has 10 PR from the Ukraine gov before 2 from Biden and one on the weather...BBC local ABC etc usual wokeness.
And not sure Chinese news could be trusted either.
Aljazeera?
 

" the noise of the great actors, and the buzzing of the poison-flies."​


Speaking of TSZ, your King Lear signature quote, "A most poor man, made tame to Fortune's blows", reminds of the TSZ line: '"If thou speakest the truth,” said he, “I lose nothing when I lose my life. I am not much more than an animal which hath been taught to dance by blows and scanty fare.”'
 
Another interesting thing was Russia taking all the stock and equipment of multinationals trying to leave. Not sure if the idea was to continue running the business under a different name. But if China did something similar I wonder how it would affect those companies.
 
Yes, that will most likely be the case, but will result in Ukraine just keeping the left hand side of their county. Vlad has gone all in on this one. Anything less than taking the Russian speaking parts of Ukraine will be failure, IMO.
Why do you call him Vlad? We don't call Hitler, Adolf? I see other headlines in newspapers also do this - at least the trashy papers. It humanizes a grotesque, murderous monster.
 
Hope I'm not of the subject here. Putin certainly a Vlad f^#@*Stick. What ever effect this war and sanctions has on the stock market I don't know, but certainly having a effect on commodity's like oil and gold. (No room for cowards)
I figure that since US Nato refuse to help Ukraine, with troops and airplanes, ships etc, because there's WW3... Well that just sucks, cowards at their best...Feel for the Ukrainian citizens...Found a interesting tweet on twitter that sums it up well...

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Inside the twisted mind of Vladmir Putin
It seems crazy, but the ‘tsar’ has long dreamed of restoring Russia’s empire — and now he’s started, he cannot afford to lose.

Is Vladimir Putin out of his mind? As their savage invasion of Ukraine began a third week, Russian forces deliberately bombed a maternity and children’s hospital in the southern city of Mariupol. Last week, they attacked a nuclear power plant. The Ukrainian government accuses Moscow of using illegal thermobaric bombs, vacuum bombs, which suck the oxygen even out of people’s lungs.

Evacuation routes for civilians fleeing the heavy fighting in Mariupol have been repeatedly agreed, then shelled when terrified women and children try to escape.

International sanctions have crippled the Russian economy, crashed the rouble, caused a flight of capital. Russian oligarchs have lost tens of billions of dollars. Civilised nations won’t let Russian planes enter their air space. Moscow has created the biggest European refugee crisis since World War II. US intelligence thinks Putin might be about to use chemical weapons.

On the battlefield, Russia’s forces have been humiliated by a much smaller, less well-equipped Ukrainian military enjoying overwhelming civilian support.

But Putin cannot afford to lose. In Russian history, losing a war normally leads to government collapse and often the ruler’s assassination. The Russian government is now a one-man show. All power resides in Putin, the most comprehensive personal dictatorship since Josef Stalin. Only Xi Jinping of China wields a similar degree of absolute control in a big nation.

Putin has re-established not the Cold War, but the pre-Cold War norm that major powers invade other nations for conquest and territory, and population. Putin has even threatened the use of nuclear weapons.

US senator Marco Rubio thinks Putin is deranged. Former secretary of state Condoleezza Rice, who met him many times, thinks he has changed. Previously, Putin was cool and calculated; now he’s erratic and delusional.

The televised kabuki performance Putin had his national security council put on, in which they all advised him to be tougher, from across a vast room (like Xi and Donald Trump, Putin is a germaphobe), not only looked weird but seemed false and clumsy, unlike most of Putin’s theatricality.

But this analysis is surely overdone. Putin has miscalculated in Ukraine. He thought his military stronger, Ukraine weaker, and the West more divided. But these are mistakes leaders, especially dictators who seldom get disagreeable advice, sometimes make. There is no reason to think Putin mad, even unbalanced. He’s always been a gambler. The next few weeks could be terrible, as the main military tactic left is simply to bomb and shell Ukrainian cities, repeatedly if not relentlessly, to cut off food, water and power, and effectively starve and murder the population into submission.

While Putin cannot afford to lose, perhaps he can compromise, using that word loosely, to describe a situation where he keeps a chunk of Ukraine but stops fighting. Putin is intensely unpredictable but he is not irrational and the Ukraine campaign lies at the very heart of his long-held ideological world view. It was predictable, and he himself often predicted it.

That world view is very particular and sees Russia as the centre of a Eurasian empire. It relies on a theory called Traditionalism, which rejects modernism and every aspect of Western liberalism, especially the West itself. This ideology is most clearly expressed in the writings of Aleksandr Dugin, who has prospered as a public sage under Putin. Dugin’s exotic views have earned him the label of Putin’s Rasputin (a mad mystic whose influence on the family of the last tsar, Nicholas II, was wholly baleful).

More of Dugin below, but Putin of course is nobody’s puppet and embodies many distinctive influences. Putin, now 69, was born in St Petersburg, studied law and went into the KGB. He rose to lieutenant-colonel and served in East Germany.

After the collapse of the Soviet Union, Putin became active in St Petersburg politics. He has said the chief lesson he learnt there was that if there’s going to be a fight, make sure you hit first.

He was briefly in charge of intelligence services, then rose like a rocket to become prime minister, then president. He has been the boss of Russia for 20 years. That brings its own psychological baggage. Democratic leaders have told me they think people go a bit mad if they stay in the top job too long. That’s particularly so for dictators. As they grow older they seek a special place in history and become ever more paranoid. Numerous tsars were killed by ambitious rivals. Putin has no obvious succession plan. He has two daughters and may have a couple of sons, but none is involved in Russian politics or public life.

Putin is careful to look after his personal security detail. A number have become very wealthy. But the isolation, the gnawing paranoia, the eschatological date with history, these are the dark and lonely reaches of absolute power, which no human being is meant for.

Putin has said the collapse of the Soviet Union was the greatest tragedy of the 20th century. He was an orthodox communist, but this expresses nostalgia not for communism, which Putin routinely criticises or dismisses these days, but rather for the Russian empire embodied in the Soviet Union.

Dugin is an important expression of the dominant ideology of the Putin era, but Putin emerges out of a much broader tradition. That is the long history, the dark forest, of Russian nationalism and cultural hubris.

Russia is a paradox because it is indeed one of the greatest cultures. Fyodor Dostoevsky and Leo Tolstoy were perhaps the supreme novelists in any language. Life could not be complete without the melancholy sweetness of Tchaikovsky’s music. The Thief, a film made in Russia’s brief post-communist freedom, surely rates among the finest of all films.

But this culture is also self-obsessed and self-regarding. Russian Orthodox Christianity is a treasure of spiritual depth and theological insight. But its view of the rest of Christianity is tied up in its tangled relationship with Russian nationalism.

It considers itself the third Rome, and the true Rome. After the fall of Rome, in this view, Christianity was carried on in the Byzantine Empire. Constantinople (Istanbul) was the second Rome. Now Moscow is Byzantine’s rightful heir, the third Rome, the true Rome. Yet the Russian Orthodox Church has also always been the tsar’s chaplain.

Putin is much more a modern tsar than a modern communist like China’s Xi.

The tsars themselves, both the occasional liberal reformers and the aloof autocrats, resided at the heart of Russian cultural self-obsession and hostility to the West.

Dostoevsky was the supreme Christian novelist of the 19th century. His Christian vision was transcendent, at times sublime. The most Christ-like character in all Dostoevsky’s novels, Prince Myshkin, surely gives expression to Dostoevsky’s own views when he declares: “Our Christ must shine forth in opposition to the West … Catholicism is no more than an unchristian faith, it is not a faith but a continuation of the Holy Roman Empire.”

That last is an astonishing comment, given that the Holy Roman Empire hadn’t by then (1869) been powerful for hundreds of years. But that paranoid style, retaining grievance over hundreds of years, seeing enemies where none exist, that is characteristic of Russian culture both at the elite and the popular levels.

These qualities animate the mind of Vladimir Putin. He must have espoused atheism when a KGB colonel, but since ruling Russia he funds the Russian Orthodox Church and is happy to be filmed participating in its services on feast days.

Putin is said to own luxury yachts and enjoy living very well. But the Russian population never sees any debauchery from him. He is proud of his physical fitness and his private life is entirely private.

Putin may or may not hold any religious belief himself but he is in many ways a traditional tsarist leader. This tradition pays no lip service to Western liberalism.

I attended a lunch with Putin at the Sydney APEC summit in 2007. He told a long, and it must be said very funny, joke about what a fool Alexander Kerensky was. Kerensky was the social democrat leader the Russian communists deposed in 1917. Kerensky lived for a time in Brisbane in the 1940s. What Putin thought bizarre was that he formed a romantic liaison with a journalist. Putin thought this contemptible, grotesque, in any political leader. Putin went on and on about it. At the time it seemed funny enough, but odd. Looking back, I can’t imagine any other leader behaving that way.

Most dictators would ignore the press, democrats would celebrate it or josh it or whinge about it. Dictators pretending to be democrats would pretend to tolerate the media. Putin was none of those things. In expressing contempt for the press, in this case humorously, he was giving an early sign of the contempt in which he held all the norms of Western liberalism.

There is no better insight into the strategic mind of Putin than the book (which admittedly has a pretty wordy title): The American Empire Should be Destroyed – Aleksandr Dugin and the Perils of Immanentized Eschatology, by James Heiser, a Lutheran bishop in the US.

Dugin is a Russian political activist, university professor, prolific author and public commentator of great note. He has been a formal and informal adviser to several figures in the Russian leadership. Some of the things he says are truly bizarre and Putin doesn’t repeat those. But there is a deep continuity and overlap between Dugin’s writings and Putin’s recent long essay on why Russia and Ukraine are the one people, the one “spiritual space”.

There is no way Dugin could be as prominent as he is if Putin didn’t approve, and there is ample evidence that Putin, whom Dugin supports with wild enthusiasm, takes Dugin very seriously.

Dugin has written many books, but changed his fundamental views little over the years. A typical Dugin passage reads: “When there is only one power which decides who is right and who is wrong, and who should be punished and who not, we have a form of global dictatorship. This is not acceptable. Therefore, we should fight against it. If someone deprives us of our freedom, we have to react. And we will react. The American Empire should be destroyed. And at one point, it will be. Spiritually, globalisation is the creation of a grand parody, the kingdom of the Antichrist. And the United States is the centre of its expansion.”

For a time, Dugin was an anti-communist but he came to support the Soviet Union not long before it collapsed. He also sees good in Nazism, especially its paganism and its rejection of modernity, though of course he condemns its wildest excesses and certainly its war against Russia. Like many Nazis, he is obsessed with the occult.

He believes Russia is protected by a specific good angel, that every nation has its assigned angel. Russia’s angel is at war with the West’s angel.

Dugin is a member of the Russian Orthodox Church but has a very eccentric view of Christianity. He embraces Traditionalism, which he holds shows that traditional human life, which is decent and good, comes from primordial traditions which pre-date modernism, which is evil. He has a pretty arbitrary selection of some religions as OK – Russian Orthodox Christianity, Islam, Buddhism and a few others – and some as fraudulent and twisted, especially Catholicism and Protestantism.

He believes the good religions can all live side-by-side. More than that, he thinks all Russians are automatically Russian Orthodox. It doesn’t matter whether they go to church or not. The church is a kind of accompanying minor theme in the symphony of Russian nationalism. This ideology is immensely chauvinist, but not exactly racist. A nation is defined by cultural unity rather than race.

One of the things Dugin hates most about the West is its stress on individual rights. Peoples have rights, in Dugin’s view, but individual people do not. The society has rights; individuals do not have rights.

Dugin glorifies violence and the violent assertion of culture and national destiny.

Dugin also espouses the long-held Russian doctrine of Eurasianism. He sees the Eurasian culture as land-based, wholesome and good, and the Atlantic culture as sea-based, decadent and corrupt. He erects an enormous theological and philosophical sub-structure behind all this, but the bottom line is that Moscow should rule a Eurasian empire running from Western Europe all the way through central Asia and beyond.

Putin, following Dugin but also of course interpreting him freely, sees Ukraine and Belarus as the absolute minimum he must reclaim for Russia. Their addition would make Russia a nation of 200 million, and an even more vast geographical behemoth. Putin sometimes calls his opponents Nazis, as he grotesquely labels the Jewish President of Ukraine, but Putin has himself become a hero for the far right in the West. The right is always inclined to fall for a strongman leader. Putin funds, and thereby compromises and corrupts, the Russian Orthodox Church. He despises Western liberalism, the failings of which also distress Western conservatives. Putin promotes traditional values, as Dugin also claims to do within his bizarre world view. So before invading Ukraine, Putin had a lot of fans on the far right.

Dugin’s writings are a rich and weird compendium of often frightening conspiracies and speculations and they certainly exist at the extremes of Russian nationalism. There are countless milder versions than Dugin.

But the final element of Dugin’s theories which ought to give concern is his conviction that these are the “end days” and that a mighty battle between Russian Eurasia and the vile West is at hand. Putin is much smarter and more practical than Dugin. But this ideological impulse – to hate the West, to see anti-Russian conspiracies everywhere, to reclaim territory for Russia and favour violence – are all evident in the mind and actions of the Russian leader.

As Dugin says, chaos can think.
 
Yo
Hope I'm not of the subject here. Putin certainly a Vlad f^#@*Stick. What ever effect this war and sanctions has on the stock market I don't know, but certainly having a effect on commodity's like oil and gold. (No room for cowards)
I figure that since US Nato refuse to help Ukraine, with troops and airplanes, ships etc, because there's WW3... Well that just sucks, cowards at their best...Feel for the Ukrainian citizens...Found a interesting tweet on twitter that sums it up well...

View attachment 139012
U forgot the ones who pushed the whole lot
read Henri Kissinger and Friedman about the Ukraine issue a year or so ago .
unless these two are Putin puppets?
Anyway, we saw how propaganda work during Covid, now Ukrainians are dying for point scoring.
Why do you think it happens now and not during Trump?
After all, Trump was so bad and crazy
If you feel so willing, go and join the freedom fighters.nothing and noone prevent you..
In a war, Ukraine, Syria, Irak, whatever NEVER trust any of the two sides, and learn history past and recent, it usually explains a lot.
And yes civilians are paying while innocent and it is a tragedy,i would also add the soldiers from both sides..no one deserves to die at 20, well few...
 
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