Re: Wave of huge air strikes reported in Ukraine
""""What started as a " special operation" to consolidate hold on Crimea & Donbass has morphed into major war due to NATO & U.S.
involvement endeavouring to " weaken" Russia while using Ukrainians to take the pain."""
NONE of this needed to occur. There were Minsk agreements that the US NEOCONS kept voiding. The attacks on the Russian speaking areas of the Ukraine continued. Russia responded. This is clearly on Biden's plate!
"""Wall Street cheering potential slowing of inflation & consequent interest rates. How much of this is actually the recession starting to bite? Can the U.S. on its own pull out of recession with BOTH China & E.U. going deeper in?"""
The EU will likely break up. Italy has moved to a neutral position and France has its differences with Germany. The EU's industrial might is moving to the US a good part of the reason for the US strength. Weapons shipped to the Ukraine are not only being replaced but by a multiple number. This has strengthened theUS economy.
China IMO is using COVID to smooth their overbuilding and banking mess. One does not know what is going on behind the scenes. China will open up in months IMO also. Supplies of many products that China manufactures are in tight supply. Inventories need to be rebuilt. Once China reopens supplies of all commodities are tight. There prices will move higher. China may very well be rebuilding stocks and strategic supplies. They have done that with oil & other commodities in the past.