Tuesday , November 5 2024
Home / Video / War in Ukraine just got closer.

War in Ukraine just got closer.

Summary:
The failure of US-Russia-NATO talks increases the probability of war in Ukraine. This would be highly disruptive to markets.

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

John Quiggin writes Monday Message Board

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

The failure of US-Russia-NATO talks increases the probability of war in Ukraine. This would be highly disruptive to markets.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

31 comments

  1. Been a while on my history but I could swear WW1 started by some sort of proxy war like the current festering situation. Let's hope nukes are kept off the table…markets will be the least of our worries if that's a thing…all political postering imo. Everyone knows a war with the super powers would be really bad…all talk from Putin and nato.

  2. I don't get the proximity of nukes either…modern icbms are known to reach almost anywhere on the planet. That mess sounds like the country of Kazakhstan is heavily divided.

  3. If raising rates don't curb inflation, then why is the FED about to raise rates to curb inflation? I guess they don't know what they're doing.

  4. Appreciate your breakdown on what's going on with Ukraine and Russia. I believe everything comes down to profit. The Military/Industrial Complex made Billions off of The Wars on Iraq and Afghanistan and loved it. Those groups could care less about winning! now they got another mission to enrich themselves by putting a lot of people at stake.

  5. Phillip R Jorgensen

    It's interesting that you say it's Washington that are psychos. I thought it was Russia building up an Army on the border. He simply needs to pull back and this all goes away.

    • Phillip R Jorgensen

      @Mike Norman MMT Economics you don't meddle in elections of countries that you want to be partners with Mike. You don't start provocations and then pretend to be the victim. If Russia wanted to be allies or partners, they have taken the entirely wrong route to making that happen. I don't think Russia wants to be partners at all. I think they keep testing boundaries to see where the weaknesses are. As far as me being naive, ok maybe I am. I'm just a Irishman from the South Side of Chicago. I don't know much about boundaries. I know the things I am. I'm too old for this city and too beat up to fight about it. I've broken 26 bones in my body. The rest were broken by other people.

    • The USA simply needs to remove it's imperialist military from foreign countries, oh and Taiwan is part of China.

    • @Winston Smith Have you considered Tiawans opinion in the matter?

    • @Phillip R Jorgensen can you get out of Chicago?
      AK NATION NEWS would advise that

    • @Mike Norman MMT Economics where do you get love for Russia for? Russia has millitary near israel for example and now ukraine and their defense is "we are a sovereign country, we can move our troops within our border". But somehow ukraine cannot move troops within their border and make sovereign decisions over which alliance they are going to join? Horrible russian hypocricy!

  6. don't worry Mike, there won't be a hot war with Russia. even if there was, stocks would go up if not melt up

  7. George Washington died from blood letting.

  8. So it’s totally fine the Russians invade their tiny neighbor and steal krimea from Ukraine. But it’s wrong for NATO to support a young democracy under attack and out gunned. Jezzzz!

  9. So it’s totally fine the Russians invade their tiny neighbor and steal krimea from Ukraine. But it’s wrong for NATO to support a young democracy under attack and out gunned. Jezzzz!

  10. So it’s totally fine the Russians invade their tiny neighbor and steal krimea from Ukraine. But it’s wrong for NATO to support a young democracy under attack and out gunned. Jezzzz!

  11. ¡Bella Nature! Vlogs

    🛢📈 thanks

  12. Swing Trader Rockstar

    money will exchange hands and nothing will happen

  13. Dictator Putin will take Ukraine, biden is a walking diaper !

  14. Excellent breakdown as usual Mike!

  15. It's the money supply, stupid.

  16. More precisely a Russian Aggression against the heroic people of Ukraine

    • Mike Norman MMT Economics

      Russian aggression. So your thing is to parrot bogus Western media and Washington neocon talking points. Smart.

  17. First of all, no one wants a hot war.
    I understand your position, but if you or your family would have experienced Russian aggression in the past you would speak completely differently..
    But left the war aside, compare US exports with Russia and other countries:
    Russia: 142.8 million population of people generates $4.88B~ export for US
    Lithuania: 2.8 million of people generates $1.02B~ export for US
    What do you support democracy, freedom or the other side..?

    • Ya democracy that US military industrial complex brought to Afghanistan, Iraq and Libia ! Maybe if your family had experience it you would speak completely diff !

    • @Here WEgo that was all (a) evil and (b) idiotic.

      Not that Saddam was a cupcake. I also watched that video where members of his legislature (?) were called up, taken outside, and shot. A frantic praising ensued as guards removed them, one or two at a time.

      But the idea that Islamic warlords wouldn't fill that power vacuum created by the sudden absence of the Baath Party, or that Sunni & Shia factions would agree to a secular multicultural democratic peace in Iraq, ..

      I didn't know that at the time but surely experts in the region knew that history.

  18. Mike is as clueless as usual. It's an open secret that if Russians parked their submarine base in any banana republic near our shores, they would simply demolish our national security for good. With new Russian hypersonic missiles, the balance of power is clear to any sane military expert. These are not negotiations. Russians already dictated the terms of the treaty. Knowing full well that any treaty with US is worthless, Russians are just giving US an opportunity to try to convince them with its actions that this time US will stick to the treaty. NATO military infrastructure near its borders is as acceptable to Russia as Russian nuclear missiles or submarine base in Cuba to US. Putin gives Biden administration a face-saving way to leave areas of Eastern Europe close to Russian border, it should grasp at it. It's not about Ukraine at all (with its ruined economy it's not an asset, but a liability). These are basic facts. People who live in glass houses shouldn’t throw stones…

  19. Thought you may like this alert this morning:

    Stansberry put out email:

    GET OUT OF GOLD IMMEDIATELY, Regards,

    Vic Lederman

    Senior Analyst, Stansberry Research

Leave a Reply

Your email address will not be published. Required fields are marked *