Ukraine has been losing for quite a while and now it is losing even faster thanks to Russia’s superior manufacturing and supply lines creating all sorts of highly capable munitions.
The latest development is the application of so-called ‘glide bombs’ which recent videos indicate are extremely accurate and causing a huge amount of damage to Ukrainian front lines and supply chains.
In response, Ukraine has moved air cover assets closer to the front lines. Over the past week, it has lost several s-300 systems and, most dramatically, and an entire Patriot missile battery. Whoops!
This explains Vitoria Nuland’s departure – the rats always scurry off the sinking ships. Presumably she’s off to the next future failed misadventure. Maybe some hapless African country…or Taiwan? I don’t know, but wherever she shows up it’s bad news for you and your countrymen. Really bad news.
If Victoria Nuland were alive in Roman times, she’d be a comet…a harbinger of doom.
Switching gears, our ““markets”” are hopelessly broken as perfectly exemplified by the massive miss on Eurozone industrial production which was expected to be -3.0% but came in at a shocking -6.7% y/y decline(!).
Okay, that’s not the broken part except to the extent we want to file that under self-inflicted wounds due to Germany et al allowing the US to blow up its cheap natural gas pipelines.
The broken part is that the Eurozone stock ““market”” is (drumroll please…) green!