Australian (ASX) Stock Market Forum

War threat in Ukraine

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waterbottle said:
Explosions now being streamed across Ukraine.... The war has begun.

Putin threaten's those who want to intervene



This is history in the making folks. Amazing and depressing at the same time.
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I'm not a mormon, but they have given us a really good lesson.

We have a year's supply of grub in the backroom.

There's plenty of **** we haven't really thought of but at least partly contigensified(sic, because I love inventing words)
 
Old world diplomacy, when will we learn. There is of course a simple solution, if Ukraine a former prominent member of USSR can join NATO, then why can't Russia, problem solved. Perhaps the world should be run by women, instead of male despots, at least women would not be so keen to send their children to war.
 
Amazing.... the DPR & LPR are not the main focus here... Kyiv has also been bombarded.

Putin has been brazen - the attack was initiated whilst the UN security council was meeting! Incredible.

There will be more developments. Markets are rightly in free-fall.

We are look at a potential new world here. Where there is a division between East (Russia + China) and West (remainder of Europe + USA). We are staring down the barrel of a financial disaster, an energy crisis and a health pandemic.

Depressing times.
 
waterbottle said:
Amazing.... the DPR & LPR are not the main focus here... Kyiv has also been bombarded.

Putin has been brazen - the attack was initiated whilst the UN security council was meeting! Incredible.

There will be more developments. Markets are rightly in free-fall.

We are look at a potential new world here. Where there is a division between East (Russia + China) and West (remainder of Europe + USA). We are staring down the barrel of a financial disaster, an energy crisis and a health pandemic.

Depressing times.
Click to expand...

1920s -> 2020s
 
JohnDe said:
China will not stop trading to Russia, they may make some conciliatory actions such as no more water pumps for Ladas to Russia but they'll keep trading. And the west will not want to or be able to force China to stop trading with Russia
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They're increasing ties with Russia not reducing them.

New 100 million tonne coal deal for example and new gas pipeline agreed in recent days according to media reports. China's pivoting toward Russia and away from Australia and others in that action. :2twocents
 
I think that the more sanctions are imposed on/against Russia then the worst/more aggressive Putin will become (in turn escalate conflict) - I've watched European geopolitical analyst's this afternoon discussing this in detail and their opinions are clear that sanctions won't work nor deter Putin whatsoever but in fact increase the likelihood of retaliation/further consequences towards the West/NATO

This is fast becoming an ugly situation unfortunately.

Meanwhile, we suffer here in Australia with much higher fuel prices to pay at the pump & all our transport supplies of goods will cost more too at supermarkets etc. (given the spike in oil price). Won't be surprised if cost of electricity & gas in Australia skyrockets to put further pressure on family household's.

Meanwhile, our AUD Gold price already reached $2,707 per oz so the only shining light on our ASX stock market today.
 

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