Posted on 02/21/2022 8:43:04 PM PST by aimhigh
U.S. stock-index futures were headed sharply lower Monday evening as Russian President Vladimir Putin ordered the deployment of troops to separatist areas within Ukraine, after recognizing their independence, a move that some fear puts Ukraine and Russia one step closer to military conflict.
Markets in the U.S. were closed in observance of Presidents Day and trade on Tuesday will provide the first opportunity for investors to react to developments in Eastern Europe.
(Excerpt) Read more at marketwatch.com ...
Today was far worse for Russia.
Exactly how much of our stock market depends on Ukraine? It’s not like Japan or the UK is at war.
Was listening to Ukraine’s Rep. at the UN Security meeting tonight. He was really pi**ed off at the UN because they’re not doing anything.
I think the impact on the price of oil is the most important thing. Although we probably really don’t need to worry about the price of oil too much because thankfully President Joe Biden is focusing on alternative energy for the US.
The better question is how much money are US politician’s monies (and politicians of other countries), and intelligence agencies monies are being laundered through Ukraine...
Joe and Hunter. But why do we risk war for one corrupt family?
We don’t trade much with them, but there’s two ways I can see it affecting us. One, they are serious about the red line for NATO. They are in a corner with nowhere to back off, and we pointedly told them that we had no intention on respecting anything.
If we up the ante in a painful way like the tech embargo, or cutting them off from swift, or we bring Ukraine into NATO, etc.., I see them turning off the oil and gas spigot to Ukraine and the rest of the EU. They do that, and gas prices here spike bad. That happens and our shaky economy slows badly.
The other way they could hit back if we go the swift route, is to recruit other nations like China into dumping the petrodollar and going to a gold backed currency. That could be devastating here at home.
And all of this is decided by slow Joe and the Ho.
“because thankfully President Joe Biden is focusing on alternative energy for the US.”
LOL
WARS CAN SPREAD.
I was about to post a smiley face, to TBall....because....that, was funny.
And as your name suggests, things so sideways. Everyone expected the civil war to end in a few weeks with a few minor actions. The Japanese thought hitting us hard at Pearl Harbor might result in us backing down like the Russians did after Tsushima. The Nazis though all they had to do was kick down the door and invade Russia and all would collapse. The Arabs thought if 6 nations at once attacked tiny Israel they would be wiped out.
Wars go ways nobody expects. And our side has been pushing for this one hard since last summer. Hopefully they won’t push any further.
No money in peace just like there is no money in healthy people.
It’s still sadly true, “Buy when there’s blood in the streets, even if the blood is your own.”
I watch mainstream national news (KNOW YOUR ENEMY) and obviously the orders from the DNC have gone out today to blame high gas prices now and in the future entirely on the Russians, and no mention of the post-Trump energy policy whatsoever.
I really don’t think even the dumbest liberal will actually believe this, although some will willfully ignore any inarguable facts and evidence to the contrary.
Don’t the Russians profit from high oil prices?
It could potentially spread to the Balkans, Serbs are Russia’s traditional allies, and in many places they still like side-by-side with Croats, who are now a part of NATO.
It’s still a powder-keg down there.
fossil fuel stocks should go up since Brent is now near $100/barrel and likely to climb higher, esp. if investors flee there when they dump other investments ...
Very little. I am buying stocks now that it has dipped
Given Russia is a permanent member of the UN Security Council, with a veto, not much can be done.
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