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What Could Possibly Go Wrong?

The many problems and predicaments we’re currently facing will require steady hands and calm leadership. Unfortunately, that’s in short supply.

The User's Profile Chris Martenson August 26, 2024
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Over the past 24 hours, Russia has launched a widespread attack mainly against Ukrainian energy assets.  Power stations and hydro facility control rooms across the entire breadth of Ukraine were destroyed.

The response from Ukraine was predictable enough:

Russia struck sites across Ukraine with what Kyiv called the biggest aerial bombardment of the war, inflicting damage to the country’s already-strained energy infrastructure and prompting calls from Ukraine for Western allies to help it strike back.

On Monday, Ukrainian President Volodymyr Zelensky urged Kyiv’s allies to lift restrictions on the use of long-range Western-made weapons, such as the U.S.’s ATACMS missiles, to strike deep inside Russian territory.

“There cannot be long-range restrictions in Ukraine, when terrorists do not have such restrictions,” Zelensky said on Telegram. “America, Britain, France, other partners have the power to help us stop terror.”

(Source – WSJ)

MOAR WAR!

Ukraine is already reaching deeply into Russia with NATO-supplied weapons so I view this as a request to lift those restrictions a little bit more.  The point, of course, is to provoke Russia even more, to get an even bigger reaction.

Meanwhile, the Houthis continue to strike ships in the Red Sea with devastating precision.  So that’s simmering along as well.

On other fronts, the signs of recession are being seen and felt in the US and Germany pretty much in everything except the prices of stocks which are being held up by a sea of central bank liquidity. 

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