‘The War’

"The war" is already such a ubiquitous part of the daily news cycle that it's no longer necessary to mention Russia or Ukraine or Vladimir Putin when referring to the conflict in passing or when setting up a story about the latest developments. It's just "the war." Everyone knows what that means. Already. Just three weeks into Putin's incursion. We now talk of "the war" like we spoke of "the pandemic," which isn't over yet either. Just ask Hong Kong, where the situation is still acute. "The w

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9 thoughts on “‘The War’

  1. In a room with mirror walls, filled with elephants, the wallflower I’m concerned about is liquidity.

    I’m not as enchanted by Zoltan Pozsar, as I used to be, but I liked his comment suggesting the Fed’s QE taper for GFC was like watching paint dry, while this round of taper might be more like scraping paint, maybe sand blasting, pressure washing.

    I’d like to add a new metaphorical layer to that thought and suggest that as the scraping process proceeds to expose the bare wood, the next phase will mirror our current economic, systemic bottleneck inefficiencies.

    While the preparation for tapering may be in place, I think the buckets of paint will be delayed. The availability of paint, i.e., it’s liquidity will be constrained by stages of shortages.

    It’s also like not being able to apply lipstick to a pigs lips and more like being unable to make a silk purse out of a sows ear, or ear of corn.

    The pandemic was essentially a world war and now we essentially have an expanded global war economy and the dynamics are chaotic. Winter is coming.

  2. The War framework is a house of cards.

    This entire era we live in is Schrödinger’s Cathouse. A time where we have a balance of misinformation with high speed data connectivity, the ability to be misinformed, deluded, duped and fed a steady diet of nonstop propoganda illusions on one hand, while the ghosts of reality and facts dance like imperceptible fractals.

    We can have a war, with great death, with our Russia heros targeting daycare centers, hospitals, grocery stores and schools, as they carry out orders that Fox news spins into stories that paint Biden as the true villain. The distortions and madness are as deep as the darkest black wells in hell, but yet this is a time of political opportunity when polarization can be tuned like a laser beam that simultaneously stimulates cancer and kills it.

    It’s a naked time when biblical hate and evil collide with goodness and justice.

  3. Indeed, it is a naked time when biblical hate and evil collide with goodness and justice. Once again, I appreciate the truth and quality of your comments.

    I would simply add that the rhetoric of the United States government in regard to “The War,” (as called out by H.) should be plainspoken, direct, and imbued with the full measure of truth. The actions of Putin and the Russian army should be called out not just as war crimes, but as cold-blooded murder. Our leaders pussyfoot their rhetoric while the truth is plain. And I would say that the situation merits increasing the scope of allied help to include missiles that can destroy the sources of the missiles and artillery and planes, which destroy entire civilian communities and murder innocent Ukrainians, doing nothing more than hiding from the bombs.

    1. More precisely,
      “…destroy the sources of the missiles and artillery and planes, from wherever they may originate and are placed…”

  4. H-Man, for the people of Ukraine, taking away Whoppers, yachts and credit cards from the Russian people, is of little solace when you have bombs raining down on you. Yeah it will make life miserable for Russians but I think anyone in Ukraine would swap that “misery” in a moment for what they are enduring in Ukraine.

  5. So, it looks like the US based/targeted FSB run financial website had major outages today.

    According to some distraught Insta influencers in Russia who are about to lose their livelihood, Russia will be disconnected from the global internet by the 14th.

    I’m suspicious they are related. I am also concerned that the next escalation out of the Kremlin will come after the possibility of a cyber attack in retaliation is eliminated.

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