Like Chernobyl, Only Worse
"Europe needs to wake up," Volodymyr Zelenskiy warned, after the Russian military shelled Europe’s largest nuclear power plant, causing a fire and sparking a mini-panic across markets.
"No country has ever shot at nuclear blocks except for Russia," Zelenskiy said. "For the first time in human history, a terrorist country has resorted to nuclear terror."
Energoatom, which operates all four nuclear power stations in Ukraine, described the incident on its website. "On the evening of March 3, 20
Russian roulette. Now which way is the wind blowing? This could have been a disaster for Russia too. Makes no sense.
Russia has a history of doing things which make no sense-think of some of the airplanes they have shot down….The experiment at Chernobyl…
“In Russia, the lower house of parliament was set to consider punishing anti-war protesters with forced conscription into the Russian military.”
That’s surely a recipe for success.
What could go wrong with that?
Barometer of low morale among Russian forces.
Reeks of Desperation.
As the Russian economy grinds down, their trading partners will also feel pain and hopefully the impact of sanctions will turbocharge the collapse.
The grinding down will take time, but ultimately things like GDP matter and per Capita income for the peasants who are sadly caught up in Putin’s insanity will result in systemic failure for him.
Trading friends like India are seeing ongoing currency depreciation and the destruction of their bond values. Investors will be increasingly unlikely to toss money into bankruptcy fires.
Even if India is successful in creating secretive special purpose entities to help Russia launder money, the devaluation of rupee exchange rate will help make those vehicles pointlessly expensive.
The lure of supporting terrorists needs to be dealt a crippling, deadly blow and hopefully reasonable people will rise up to destroy these ugly bullies.
“India imports more than two-thirds of its oil needs and the surge in crude threatens to push up the country’s trade and current account deficit and pressure the rupee.”
Putins trying to scare everyone with nuclear disasters, thinking he’ll keep everyone on the fossil fuel!