Morning Jakers I do hope you are right about Putin. If History teaches us anything it is that tyrants never give up power unless they are forced from office. Sanctions will not stop Putin. Force is the only thing scum like him understand.
Not much attention being paid to the broker ratings all issued today - JP Morgan Cazenove Overweight 500.00 Citigroup Neutral 375.00 Berenberg Buy 450.00
Morning Jakers According to chief economist of Renaissance Capital, interviewed on CNBC this morning, it will take a minimum of 5 years for the West to wean itself off Russian oil and gas.
I am shocked and upset by the events of today. The only positive I take from it is that it is the beginning of the end for Putin and his puppy Lukashenko.
Boden will address the nation in 3 hours - doubtless after his medication has kicked in. The efficacy of the imposition of further sanctions is doubtful. The West spends 700m dollars a day on Russian oil and gas and this would take years to replace . Von Der Leyen has implied this could be implemented quite easily but this is nonsense. History proves that only military force stops tyrants. GLA
RE: Feeling desperately sad for Ukraine24 Feb 2022 07:33
" The only thing necessary for the triumph of evil is for good men to do nothing ". Sanctions will not deter Putin. Sooner or later, military force will have to be used unless he is removed internally.